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AMBERTECH LIMITED — AGM Information 2014
Nov 25, 2014
64378_rns_2014-11-25_a955ca82-02f5-4eb7-82fa-a88543c5dd01.pdf
AGM Information
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Annual General Meeting 2014
Ambertech Limited
Chairman’s Address & Managing Director’s Update
Annual General Meeting 2014
Order of Proceedings
Chairman’s Address Managing Director’s Update Formal Business Questions Closure
www.ambertech.com.au www.amberonline.com.au
Annual General Meeting 2014
Chairman’s Address
Board Members
Chairman - Peter Wallace Managing Director - Peter Amos Non-Executive Directors - Tom Amos, Ed Goodwin & David Swift CFO & Company Secretary - Robert Glasson Auditor
BDO East Coast Practice – Charlotte Bunker
www.ambertech.com.au www.amberonline.com.au
Annual General Meeting 2014
Managing Director’s Update
2014 Financial Results Total Revenue down 11.3% to $48.3M NPAT $1.0M loss (2013: $2.2M loss)
www.ambertech.com.au www.amberonline.com.au
Annual General Meeting 2014
Managing Director’s Update
Revenue and Net Profit Before Tax
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www.ambertech.com.au www.amberonline.com.au
Annual General Meeting 2014
Managing Director’s Update
Lifestyle Entertainment Segment CE market remains very difficult Commercial areas delivering results Accessories offering opportunities for growth Strengthening brand representation
www.ambertech.com.au www.amberonline.com.au
Annual General Meeting 2014
Managing Director’s Update
Professional Segment Revenue growth driven by new brands Strong underlying dealer business Ongoing success with leading brands Opportunities to acquire new brands/business
www.ambertech.com.au www.amberonline.com.au
Annual General Meeting 2014
Managing Director’s Update
New Zealand Segment Restructured to provide better geographical coverage Visibility of broadcast projects improving Making inroads in CE market share
www.ambertech.com.au www.amberonline.com.au
Annual General Meeting 2014
Managing Director’s Update
Progressing Strategic Plan New agencies now seeing growth Continued strategic brand development Expansion of sales channels to market Transition out of underperforming brands
www.ambertech.com.au www.amberonline.com.au
Annual General Meeting 2014
Managing Director’s Update
Update for Half Year to December 2014 New funding with 2 year term Year to date results have been inconsistent Focus on growth in professional segment Retention of CFO into a new COO role Visibility of major contracts, timing uncertain